x

Loading data...

According to an ET Now poll, the company's net profit is likely to increase to Rs 5,078 crore, up 14 per cent, against a net profit of Rs 4440 crore in the corresponding quarter last fiscal.

Net sales for the quarter are seen at Rs 91,462 crore, up 5 per cent, against Rs 87,480 crore in the same period last fiscal.

According to the ET Now poll, the gross refining margins are seen upwards at $8.5-9 per barrel against $6.8 per barrel, year-on-year.

"For RIL, we expect the top-line to increase by 5.7 per cent YoY on account of higher prices of petrochemicals. However, its operating profit is expected to decrease by 0.8 per cent YoY mainly due to decline in production from the KG D6 block.

Nevertheless, its PAT is expected to increase by 15 per cent YoY mainly due to increase in other income," said an Angel Broking note.